Vietnamese firms get support to protect intellectual property abroad
Registration for the protection of intellectual property rights of Vietnamese enterprises abroad is on the rise, contributing significantly to the process of entering foreign markets as well as promoting products.
Registration for the protection of intellectual property rights of Vietnamese enterprises abroad is on the rise. (Photo: hanoimoi.com.vn)
Hanoi (VNA) - Registrationfor the protection of intellectual property rights of Vietnamese enterprises abroadis on the rise, contributing significantly to the process of enteringforeign markets as well as promoting products.
Intellectual property plays an increasingly important role as a foundation to help Vietnamese businesses become more confident in international trade and investment activities.
According to statistics of the Intellectual Property Officeof Vietnam under the Ministry of Science and Technology, in recent years, thenumber of applications related to the registration of international marks fromVietnam through the Madrid System of International Registration for Marks iscontinuously increasing.
However, Vietnamese enterprises nationwide are still quiteconfused and stuck in the process of preparing, submitting and pursuingapplications for registration of trademarks and geographical indicationsabroad.
Director of the Hanoi Department of Science and TechnologyNguyen Hong Son said that the products after being protected have more added valuethan before, helping to change awareness of farming habits, and applicationof scientific and technological advances in production.
In order to implement Resolution 48/NQ-CP dated May 6, 2021 onthe regular Government meeting in April 2021, a coordination plan between theMinistry of Science and Technology, the Ministry of Agriculture and RuralDevelopment, and the Ministry of Industry and Trade on supporting theprotection of trademarks and geographical indications for potential exportproducts of Vietnam abroad has been signed.
This is a favourable condition for Vietnamese enterprises toparticipate in foreign markets and protect trademarks and geographicalindicators of Vietnamese products./.
Intellectual property (IP) protection of online exports has become increasingly important for Vietnamese businesses as the country has entered a new stage of cross-border e-commerce, experts said.
A Vietnamese delegation led by Deputy Minister of Science and Technology Nguyen Hoang Giang is attending the 64th series of meetings of the Assemblies of the Member States of the World Intellectual Property Organisation (WIPO) in Geneva from July 10 to 13.
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Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Registration for the protection of intellectual property rights of Vietnamese enterprises abroad is on the rise. (Photo: hanoimoi.com.vn) 
